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2021-09-15 09:06 by Karl Denninger
in Editorial , 25169 references Ignore this thread
So You'd Like To NOT Have Society Collapse?
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Yesterday I saw two things occur that point out, in stark relief, why Biden and his pals are doomed with their jab mandate.

The first was at the local Lowes.  It was mid-afternoon and I was in there to get a half-dozen small items I need to help Sarah get her van together enough for a weekend excursion she has planned.  One checkout was open, the one with one checker and six automated "do it yourself" kiosks beyond it (the employee, presumably, was there to deter attempted walk-out thefts.)  The few other staffers in the place were making quite a bit of noise about how short-staffed they were as the line backed up to pay and go.

What else was in evidence?  They were all wearing rags on their faces.

May I point out that by the data roughly 15% of our county had allegedly had Covid-19 by the first of April, counting only "positive tests" and not those infected who never got tested or saw a doctor.  What do you think it is now?  About double that, I suspect, and I wouldn't be surprised if the total of those previously infected was approaching 40%.  That's three to four in ten who have no reason to wear anything; they're recovered and presumptively immune.  A corporate mandate to "wear a mask" on the job is thus stupid and abusive; it is exactly identical to mandating that a woman employee bare her***** so as to increase the odds of a man (gee, you don't think the average jobber in a Lowes is a man, do you?) will leer at her and buy more stuff.  There is zero benefit that can accrue to such an employee -- only ridicule and risk.  Is management shocked that all the part-timers who ran the checkstands stuck up the middle finger when they pulled this crap?

But now here comes a jab mandate!  Well, same deal except now it's not a diaper on your face it's the literal threat of potential death or serious disability which the company, of course, is not liable for nor is anyone else.  All for a starting wage, the sign said on the door ("Help Wanted") beginning at $12/hour.

Uh huh.  Good luck.

Think this is unique?

Nope, it's everywhere.

Yes, the "enhanced" unemployment payments, I'm sure, made this worse.  But that's ended now.  What hasn't happened, as many said would, is people flocking back to all the places with "Help Wanted" signs and taking those jobs.

Why not?

Because they refuse to be abused by a double-SOB.  You do realize that's what "BOSS" can stand for, yes?  Just reverse the letters.

To be sure I'm certain some around here are still scared of the coof.  But for everyone scared of the coof there are probably three who are tired of being abused for the last 18 months and aren't going to put up with it.  They've rearranged their lives in the intervening time to not need to deal with that crap and won't.  Some of them (e.g. a married couple with kids) have figured out how to make it work on one salary and there's nothing an employer can do to convince the second person to come back.  Do remember that most of these people were screwed blind for a year and a half -- first by telling them they're essential and must take the risk of a deadly disease for the benefit of others and now by demanding they take a jab after they took said risk, got infected and thus are immune!  Those who do put up with it because they must to survive will become increasingly surly and nasty, and I've seen that among public-facing staff members as well.  You can't fire the only check-out clerk you have without closing the store, can you?  Exactly what incentive does he or she have under that circumstance to be nice?

You think that clerk doesn't know this?  Yeah, right.

The second was an ambulance -- doors open, lights on, dudes obviously inside that I saw while waiting for a traffic light.  Where was it?  Right outside a chain pharmacy with a nice big "get your Covid vaccine here!" sign.  That was a business call folks, and hundreds of people saw it while at or passing through that intersection.  Nothing screams "SAFE!" like someone on a gurney.

Go ahead Governors, let businesses mandate jabs and masks.  Let Biden get away with his bull****.  Don't put in place E/Os and don't call back the legislature into special session right here and now, today, and put a conclusive stop to all of it.

I give this right up into the Christmas season when Biden's mandate allegedly will go into effect before it totally screws the economy.  With that, down goes the market, commercial real estate detonates (what happens when that Lowes closes due to lack of staff and so do another couple of nice big-box stores for the same reason down the street --- everywhere at once!)  and with it the debt markets.

There are already places where WalMarts are being forced to close to restock shelves as they're so short of people and can't hire more, having put in place employee mandates which enough prospective and current employees are responding to with "**** that!" that the only option remaining to them is to lock the doors and repurpose the few people they do have.

This area is tourist-heavy and now, with schools allegedly back open, the traffic shifts -- down a bit now, down more as we go into the winter.  That local places still can't manage to hire tells the tale -- the people are tired of the abuse and, for the offered wage, they won't apply or work.  Give someone 18 months to figure out how to give you the finger and many will do exactly that.

On top of this you have all of those who complied with said mandates and now are out sick, many with the coof which, the company and the government assured us all would not happen if you just rolled up your sleeve.  Of course they lied and still are, trying to claim it's "rare" that people get materially ill after being vaccinated against Covid.  That's just the latest line of bull**** and, given the sick rate among those who have been jabbed it's obvious if you pay a single bit of attention.

Good luck Biden along with governors and local officials -- you're going to need it, and were I you in this market today I'd be rather careful if you're not ok with a 201k -- which is what you might have left of your 401k as we approach Christmas.

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User Info So You'd Like To NOT Have Society Collapse? in forum [Market-Ticker-Nad]
Truthseeker
Posts: 9104
Incept: 2007-10-07
A True American Patriot!
Southern Oregon
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Quote:
Nothing says "safe" like bodies on a gurney


Love that. Just got word that the latest tally of injured vaxxed folks in my inner circle grew by one: One dead, one stroked, one in bed with breakthrough Coof. Total number of unvaxxed injured? Zero.

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"...But people better realize that the worst-case scenario could actually happen.9/11 happened. This can happen. An economic 9/11, the likes of which we've never seen." Gerald Celente
Aleajactaest
Posts: 4
Incept: 2021-06-01

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hooking into a great piece over at Sundance's place if I may Karl. Pertinent to your post regarding OSHA and the "dog that didn't bark"

https://theconservativetreehouse.com/blo....
Blanca
Posts: 188
Incept: 2020-07-25


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I agree with this post, yet I am conflicted by what we see out of California regarding the mandates.
Quote:
Regarding Gov. Gavin Newsom's mitigation efforts to combat the coronavirus, an NBC News exit poll found that voters likely sided with Newsom on the public health measures, with a plurality, or 45 percent, saying Newsom's Covid policies are right, compared to 32 percent who said the measures are too strict. Another 17 percent said they arent strict enough. https://www.breitbart.com/politics/2021/....

62% of the voters want the current or more strict CA COVID measures? Are they nuts? I know CA is liberal lunatic land, but a vast majority want this insanity to continue?

In my neck of the woods, I see businesses that have mandated masks with many employees wearing them on their chins or just covering their mouths. I feel sorry for these people who are forced to wear masks to keep their jobs. They can walk out - yes. But some people need the work and their employers are behaving like tyrants. At my local Costco, an elderly employee was lamenting the new requirement to mask up again.

Along with the employee abuse, we see inflation picking up, a traitorous deep state that has no respect for civilian control of the military, a disastrous withdrawal from a 20 year war that accomplished nothing, an ex-President who likened the Jan 6 Capitol riot to 9/11, and a demented fool issuing executive orders that will result in thousands of firings for those who won't take the jab. To top off all this great news, we could see renewed VEI starting in the late fall.

With all of this, I suspect we will be entering a recession soon, along with a stock market debacle and a real-estate crash.

Tritumi
Posts: 397
Incept: 2008-11-29

tokyo
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On Zoom earlier with three high school pals. Previously, I have noted expectations for chaos in November and, in this chat, praised Joe Biden for his efforts to destroy employment and help to make my prediction come true.

They got it.

I think perhaps I can try to introduce them to left accelerationism next.
Shadowmask
Posts: 728
Incept: 2021-05-24

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All the Karens screaming about staying home and having everything delivered are in for a rude awakening. There might not be any delivery folks and they may not have anything to deliver. That's some poetic justice right there.
Nadavegan
Posts: 404
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The South
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The city of Raleigh, NC just said that employees have two choices: take the shot, or weekly testing. However, anyone who opts for weekly testing is forever capped and is ineligible for promotion of any kind.

That right there is abuse. a. It has a high likelihood of getting slapped down by a discriminatory suit, and b. guess where no one will ever be applying to work in the future?

What an absolutely stupid, asinine decision. There is no conceivable upside.
Dallas_dave
Posts: 10
Incept: 2021-09-08

Dallas
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@Aleajactaest, that isn't too surprising. FedGov has a lot more power to specify requirements placed on government workers and contractors. It has less ability to impose requirements on private workers without going through the normal rulemaking process (which from what I've seen normally takes 4-7 years for DOL regs). Some stuff was popping up yesterday about DOL trying to do it with emergency powers, but that looks like a hard sell since (i) we're approaching 2 years from COVID's introduction and (ii) Congress didn't give DOL explicit power to regulate this area. Plus, to require vaccinations, DOL will have to establish that the vaccinated are at risk from the un-vaccinated, which essentially admits that the vaccine is failing.
Bakerv
Posts: 78
Incept: 2021-04-21

Florida
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Add to that the supply chain disruptions that seem to be getting worse.

Winn-Dixie yesterday-produce section literally looked like a Venezuelan grocery store. I'm on friendly terms with the manager and when I saw him, stocking paper towels in an aisle, interesting that, I said "It looks like Venezuela in the produce section". He laughed, through his tard-rag, and went on a tirade about trucking issues and warehouse snafus'.

Going to be an interesting next few months.

P.S. Anyone hear anything about an increase in shingles amongst the vaxxed? Teacher friend here has a bad case of it. Vaxxed of course.

Survivor
Posts: 24
Incept: 2021-03-19

UK
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My guess is that shortage of medics is directly related to compulsory injections. Here in the UK it's been showing up in the care homes where injections are compulsory from November.
https://www.msn.com/en-gb/news/newsbirmi....

But staff shortages elsewhere have more to do with money and "support". Everyone knows there are staff shortages and wages are rising, so if they have some cash or government support they are staying home safe in the knowledge they can pick up a job when they need one. Meanwhile, why bother? Of course that will change if the mess we are in now coalesces into a collapse because then there will be no jobs.

I've been trying to post links to the Ticker but the best opportunities are closed to comments. The Telegraph ran a particularly relevant article which closed after 97 comments, whereas it would normally run to a thousand or two. I subscribe (ie: pay cash) so I was unpleased.
https://www.telegraph.co.uk/global-healt....
Dingleberry
Posts: 81
Incept: 2011-11-06

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Appreciate the analysis as always.

When Karl said that a loss of 20% of employees spelled doom for any biz, I was a little surprised at the realtive low number, but have come to learn he knows what he is talking about so I trusted it. After all he ran a biz.

Then I read this:

https://www.zerohedge.com/political/texa....

Hospital will lose up to a quarter of employees and have to close the whole damn thing down due to the jab mandates.

Now do some simple supply and demand calcs in your mind. If this keeps up, inflation for certain will explode. And who knows how that will affect employment and biz margins.

If you have ever lived thru stagflation, you know that is not good. At all. But that appears to be where we are headed. Deliberately.

And lest you think the marxist-fascist lefties and karens will ever learn, or can be reasoned with.....look at CA and the rrecent ecall numbers. You cannot reason with emotive, illogical fools.

You can only move away from them.

I suggest you do so. Soon.
Tickerguy
Posts: 177218
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Yep @Dingleberry, but you're likely wrong in one regard.

Inflation only "explodes" momentarily.

Sort of like dropping a singularity in the middle of something massive. Yeah, it looks like an explosion for a very brief moment -- but then you get an inward collapse. Deflation, and lots of it.

Why?

Look at the Depression. Supply collapsed and so did demand shortly thereafter. If you bet on "inflation to the moon!" in the midst of the supply disruption you got it up the ****ter shortly thereafter, while the guy who was prepared to strike bought up an apartment building at a nickel on the dollar.

True, the first couple of years he had to sit on it -- but ten years later he was doing REALLY well.

Supply dislocations don't tend to produce runaway inflation. They instead produce deflationary depressions as they cut off first supply, which LOOKS inflationary (and is for a short while) but then destroys demand on a durable basis.

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I don't give a flying **** if you're offended.

Blackcrow
Posts: 107
Incept: 2021-04-04

Texas
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I think societal collapse is the goal.

And has been since Obama promised to "fundamentally transform" the US in 2008.

These maniacs actually believe you can collapse a nation of 330 million spanning an entire continent and remake it into Utopia. These faculty lounge lizards have zero idea or competence in the Real World, yet think they can do this! Pride goeth before a fall indeed.

Our key institutions, media, military, academia, economy, medicine, hell, even the Girl and Boy Scouts, have been infiltrated and destroyed. The federal government was lost 40 years ago.

I believe our country has been mortally wounded by the covid response - on top of the death & disability of the jabs - on top of the destruction the mandates will cause.

We have eaten all the seed corn, killed all the golden geese, worshipped at the golden calf and drunk the koolaid.

Now we have Biden deliberately provoking 80 million people while at the same time continuing the "white people bad" crap ECHOED BY THE HIGHEST LEVELS OF OUR MILITARY and you have a recipe for disaster.

I am stunned on a daily basis of how blind people are to the looming catastrophe on the horizon.

Personally I have spent a decade on my Plan B and C and D. I know how to garden, can food, preserve meat, raise chickens, shoot game and stock medical supplies.

And it is unlikely to be enough.


Dingleberry
Posts: 81
Incept: 2011-11-06

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@ Bakerv

Your question about shingles...my best buddy got the jabs and got a nasty case of the shingles shortly afterward. Incredibly painful as anyone who is familiar with shingles knows.

Aquapura
Posts: 2197
Incept: 2012-04-19

Unfree State of MN
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More than ever I feel like there are two Americas. Basically the jabbed and the un-jabbed, but more precisely those that fear the 'vid and the rest of us that don't. The former I feel would gladly watch a total destruction of our society, our economy, our freedom, our culture - just to feelz safe from the coof. I honestly don't think they care. EVERYTHING is about being "safe." Just anecdotal evidence from things I pick up when talking with colleagues or clients or just randoms I meet in this one blue hive ****-hole city. TOTALLY different world when I drive 50 miles outside the city. Overall I'm not at all optimistic there will be any citizen revolt to avoid very bad things from happening.

...it is exactly identical to mandating that a woman employee bare her***** so as to increase the odds of a man (gee, you don't think the average jobber in a Lowes is a man, do you?) will leer at her and buy more stuff.
Can't speak for Lowes but back in the 90's Menards used to hire young coeds as cashiers. Tight shirts, cutoff denim shorts - cut maybe a bit too short. Remember that well and I did find excuses to go buy unneeded home improvement goods so I could ask the cashier on a date when her shift ended. Sorry to go Tinman on this thread but that was real and every dude I knew noticed it and did just like me - bought more ****. Self checkout doesn't get you any of those sales...and tard rags, bleh. I haven't had a cashier smile at me in over a year. No wonder I hate shopping even more.
Village-idjit
Posts: 1037
Incept: 2010-06-09

Western Montana
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Was up in Missoula Montana to hit up Wally World for shipping supplies, boxes, packing tape etc.

ONE live person working a checkout lane. All employees masked up and from a couple of them I talked to... hating it!
Gonavybeatarmy
Posts: 31
Incept: 2021-05-21

Calgary, Alberta
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Two virologists totally rip apart the narrative and the theory. They even say the word "corruption. TG, you'll like this.

https://www.ukcolumn.org/video/frances-l....

Quote:
62% of the voters want the current or more strict CA COVID measures? Are they nuts? I know CA is liberal lunatic land, but a vast majority want this insanity to continue?


Canada is right there on this. There was a column yesterday in the Calgary Sun screaming for more restrictions from physicians. If only we were restricting physicians....
Blanca
Posts: 188
Incept: 2020-07-25


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@Bakerv

I have read of shingles being associated with the jab. I also know that it can be brought on by increased psychological stress. All the stress induced by the COVID insanity could bring on an increase in shingles.

While shingles isn't typically deadly, it can cause blindness and permanent damage to nerves. I contracted it a number of years ago. It was a mild case fortunately.

One of the advantages of the chickenpox vaccine should be the elimination of the risk of shingles for those who took it.
Cheetah9
Posts: 315
Incept: 2021-02-15

Northern Alabama
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@Blackcrow said: "I am stunned on a daily basis of how blind people are to the looming catastrophe on the horizon."


It is amazing! I had a call yesterday with one of my oldest Houston friends and also my financial advisor telling him I want to close out one of my non-retirement accounts.

After he pleaded with me to re-think it, we talked about what is coming. I mentioned my biz world evidence of seriously ****ed up supply lines and there are a **** ton of people out there who will tell "the man" to **** off when forced with this impending mandate. He only laughed and said...dude, cheetah...love you bro but not everything is a conspiracy. UGH!

He of course believes in the cyclical nature of the economy (I do too with all things being relatively equal) and only sees this as a blip...."don't forget Cheetah that we're still recovering from the initial shock of coof from April/May 2020." "If everyone would just get that vax, things will begin to level out through 1st and 2nd quarters 2022."

This coming from one of the nicest and smartest dudes I know. I just gave him the obligatory and gratuitous "uh huh...right...yep...I hear ya" bull**** because it's not worth it. He knows where I stand and is really the only friend that I have had who has never let a differing opinion change the way he feels about me and vice versa. I do wonder how long that'll last though? All good things and ****.
Boughtthefarm
Posts: 494
Incept: 2009-12-06

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Across rural Ohio vax rates are running anywhere from 15-40%. The lowes is practically devoid of employees anyhow. The local kroger is a mess. The shelves are generally half stocked. A girl I know is waitressing at a chain pizza place that as a corporation has more than 100 employees. They have to keep the restaurant half empty to meet their available staffing. If they enforce a mandate she'll just quit and go to the restaurant down the street that doesn't have the mandate. The big chain will have to close.

It ain't gonna happen. King Biden can mandate all he wants but what can't happen won't happen.

Erroldo
Posts: 390
Incept: 2013-09-12

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I am NOT OK with a 201k. That's almost 1/2 my net worth. I may work for another 7 years if I do not get pushed out early due to a jab refusal, but no 201k would be bad news. I am sure I am not alone here.
Tickerguy
Posts: 177218
Incept: 2007-06-26
A True American Patriot!
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@Erroldo -- Well then you better make ******ned sure that Biden's bull**** stops.

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I don't give a flying **** if you're offended.
Ugrev
Posts: 570
Incept: 2010-03-08

Freer state of NC
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My wife is staying home. I found a remote job. Spot on, Karl!

**** these ass clowns!!
Neonsignal
Posts: 78
Incept: 2021-03-24

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@erroldo technically a 200.5K, minus fees
Invisiblesun
Posts: 296
Incept: 2020-04-08

Maryland
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Spot on post, TG.

My spouse works purely at her discretion. If her employer were to impose masks and a jab she would quit. Now she may wear a mask since she found one that is purely cosmetic with zero restriction on breathing - more proof the mask mandates are purely about control and promoting the narrative.

If my spouse and her colleagues were to quit the health club fails as they won't be able to hold classes or host childcare and those are key selling points for having a club membership.

I don't recognize my country anymore. The politicians have largely always been sell-outs. But now we know the system is utterly corrupted with no guardrails and no accountability.

Anything goes. No law exists to restrain criminality. The government has become a mob boss and it is increasingly drawing companies and institutions under its wing. We see it happening in real-time! And where is the pushback? Crickets.

A recession is unavoidable. A depression is likely if the current trajectory of labor withdrawing from the workforce is not changed.

And it is all unnecessary! There is no elevated risk to the individual about living life normal. Yet authorities keep pressing the lie and the lie lives on.
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